2016-04-01T15:23:54-05:00 2015-05-31 KPMG LLP 515 Broadway 4th Floor Albany NY 122072974 990 2014-06-01 141338498 SIENA COLLEGE % PAUL STEC SIEN 5187832300 ROUTE 9 LOUDONVILLE NY 12211 PAUL STEC VICE PRESIDENT 5187832300 2016-03-30 true PHILLIP GROFF P01247783 5184274600 2016-03-29 2014 2016-08-17 19:52:53Z PAUL STEC ROUTE 9 LOUDONVILLE NY 12211 168533224 false X WWW.SIENA.EDU X 1937 NY PLEASE SEE SCHEDULE O 30 30 2571 60 441065 190781 12698491 13112793 128732776 135265578 7516035 14347712 199673 348845 149146975 163074928 45482107 51628749 0 0 61936252 60883384 0 0 2556756 37604458 36683402 145022817 149195535 4124158 13879393 295968430 299034591 81983910 81113512 213984520 217921079 X PLEASE SEE SCHEDULE O false false 134408141 51628749 135265578 PLEASE SEE SCHEDULE O 134408141 true true false true false false true false true true true false false true true true false true false true false true false true false false false true true true false false false false false false true false false false true false false false false true true true false false true 380 0 true 2571 true true true true UK false false false true true false false false false X 30 30 false false false false false false false true true false false true true true true true true true true false NY X PAUL STEC 5787832300 SIENA COLLEGE LOUDONVILLE NY 12211 THOMAS AMELL TRUSTEE 2.0 0.0 X 0 0 0 THOMAS BALDWIN TRUSTEE 4.0 0.0 X 0 0 0 RONALD E BJORKLUND TRUSTEE 1.0 0.0 X 0 0 0 J DAVID BROWN TRUSTEE 1.0 0.0 X 0 0 0 DANIEL DIN CAHILL TRUSTEE 2.5 0.0 X 0 0 0 ROBERT F CAMPBELL TRUSTEE 3.5 0.0 X 0 0 0 JUDY CAPANO MICHAELSON TRUSTEE 2.0 0.0 X 0 0 0 BR F EDWARD COUGHLIN OFM TRUSTEE/PRES. 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THROUGH 8/4/2014 2.0 0.0 X X 0 0 0 JOHN F MURRAY TRUSTEE 2.0 0.0 X 0 0 0 JOHN J NIGRO TRUSTEE 2.0 0.0 X 0 0 0 KENNETH M RAYMOND JR TRUSTEE 3.0 0.0 X 0 0 0 MARK S ROSE TRUSTEE 5.0 0.0 X 0 0 0 REV JAMES P SCULLION OFM TRUSTEE 1.0 0.0 X 0 0 0 DAVID M STACK TRUSTEE 1.5 0.0 X 0 0 0 CHRISTINE L STANDISH TRUSTEE 2.0 0.0 X 0 0 0 NIMMI M TRAPASSO MD TRUSTEE 1.0 0.0 X 0 0 0 SONYA S VANBORTEL TRUSTEE 2.0 0.0 X 0 0 0 BENJAMIN VELASQUEZ JR TRUSTEE 5.0 0.0 X 0 0 0 DENNIS L WINGER TRUSTEE 1.0 0.0 X 0 0 0 LINDA RICHARDSON VICE PRESIDENT 40.0 0.0 X 210423 0 28124 PAUL STEC VICE PRESIDENT 40.0 0.0 X 208698 0 63675 DAVID SMITH VP DEVELOPMENT & EXTERNAL 40.0 0.0 X 196349 0 86123 MARYELLEN GILROY VICE PRESIDENT 40.0 0.0 X 155326 0 22376 EDWARD JONES VP ENROLLMENT MANAGEMENT 40.0 0.0 X 148483 0 34971 ALLAN WEATHERWAX DEAN SCIENCE 40.0 0.0 X 155228 0 36723 JOHN D'ARGENIO VP & ATHLETIC DIRECTOR 40.0 0.0 X 136144 0 22525 CHARLES SEIFERT DEAN BUSINESS 40.0 0.0 X 168876 0 44237 FREDERICK DECASPERIS INTERIM DEAN, BUSINESS 40.0 0.0 X 135195 0 33529 JANET SHIDLER DEAN ARTS 40.0 0.0 X 127495 0 30737 JAMES PATSOS HEAD COACH BASKETBALL 40.0 0.0 X 412212 0 22762 MARK BERMAN CIO 40.0 0.0 X 151835 0 35691 ALOYSIA JACQUES HEAD COACH BASKETBALL 40.0 0.0 X 142226 0 11027 JAMES NOLAN PROFESSOR 40.0 0.0 X 142099 0 30975 JAMES HARRISON PROFESSOR 40.0 0.0 X 139303 0 80609 2629892 0 584084 57 false true false SODEXO 515 LOUDON ROAD LOUDONVILLE NY 12211 FOOD SERVICES 7989361 ST PETER'S HOSPITAL 315 S MANNING BLVD ALBANY NY 12208 HEALTH SERVICES 518079 KUJAWSKI JOSEPH 200 S CHESTER RD SWARTHMORE PA 19081 SCIENTIFIC CONSULT. 212153 KPMG LLP 515 BROADWAY ALBANY NY 12207 AUDITING & TAX 199295 ELLUCIAN SUPPORT INC 14083 COLLECTIONS CENTER DR CHICAGO IL 60693 IT MANAGEMENT 186816 7 166459 1950361 10995973 1799870 13112793 PROGRAM REVENUE 96066752 96066752 ROOM & BOARD 31928708 31928708 LAB FEES 1224677 1224677 STUDENT ACTIVITIES 720125 720125 OTHER STUDENT FEES 840100 840100 4485216 4485216 135265578 967758 835 966923 0 0 180321 212317 -31996 0 -31996 38049 -70045 18409505 5029551 13379954 13379954 13379954 129086 166459 150426 -21340 -21340 0 67518 66002 1516 1516 ADVERTISING REVENUE 400665 400665 400665 163074928 135265578 441065 14255492 0 50267153 50267153 1361596 1361596 0 1005843 562813 227665 215365 0 43600115 36302780 5865069 1432266 3100555 2562523 423505 114527 10005317 8269118 1366628 369571 3171554 2621202 433203 117149 66514 66514 95568 95568 223130 223130 421 421 0 206763 206763 2291478 2071344 206999 13135 159557 47761 110421 1375 0 158288 158288 0 2026070 2026070 2078610 1945924 37974 94712 0 0 1712106 1712106 0 7797179 7797179 861864 177490 684374 FOOD 6977954 6977954 SUPPLIES 3589096 2759482 864150 -34536 REPAIR AND MAINTENANCE 1862651 1270472 581009 11170 STUDENT ACTIVITIES 1060257 1060257 5515896 4614917 678957 222022 149195535 134408141 12230638 2556756 6184065 16524884 92975 496952 9401116 11264581 3194520 2264660 0 0 0 0 2724702 2478070 0 0 3760203 1506936 216405133 93330953 121770314 123074180 36892049 36074897 109525288 102901741 0 0 0 0 2423198 2447690 295968430 299034591 12157423 11695421 0 0 3074207 2696038 41964844 39111525 0 0 0 0 0 0 0 0 24787436 27610528 81983910 81113512 X 125011597 121790863 9419717 12148242 79553206 83981974 213984520 217921079 295968430 299034591 X 13879393 -8693216 -1249618 X false true X true true true X 6813109 17156881 8730734 12698491 13112793 58512008 0 0 6813109 17156881 8730734 12698491 13112793 58512008 1515961 56996047 2037707 2239421 1800175 1586009 1148079 8811391 89466 191781 281247 0 67604646 626159805 0.84308 0.73590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 421 421 false false SCHEDULE C, PART II-B, LINE 1B THE COLLEGE, THE COLLEGE'S CURRENT PRESIDENT (FATHER EDWARD COUGHLIN), THE COLLEGE'S FORMER PRESIDENT (FATHER KEVIN MULLEN), AND THE ASSOCIATE VICE PRESIDENT FOR ACADEMIC AFFAIRS - RISK MANAGEMENT AND COMPLIANCE ARE REGISTERED LOBBYISTS IN NEW YORK STATE. SIENA COLLEGE IS REGISTERED AS A LOBBYIST IN NEW YORK STATE IN THE UNLIKELY EVENT OF INCIDENTAL CONTACT WITH ELECTED OR OTHER GOVERNMENT OFFICIALS. NO EMPLOYEE-RELATED EXPENSE HAS BEEN INCURRED IN RELATION TO LOBBYING ACTIVITY SINCE THE COLLEGE DID NOT ACTIVELY LOBBY DURING THE FISCAL PERIOD. FATHER KEVIN MULLEN AND FATHER EDWARD COUGHLIN, IN ACCORDANCE WITH THE HOLY NAME PROVINCE ORDER OF FRIARS MINOR (OFM), TAKE A VOW OF POVERTY AND DID NOT DIRECTLY RECEIVE A SALARY. SCHEDULE C, PART II-B, LINE 1I SIENA COLLEGE HAS AN INSTITUTIONAL MEMBERSHIP TO THE ALBANY-COLONIE REGIONAL CHAMBER OF COMMERCE. THE INVOICE FOR THIS MEMBERSHIP STATED THAT 7% OF THE MEMBERSHIP IS ALLOCABLE FOR LOBBYING EXPENDITURES. 17112 X X X TEACHING false false 124402130 8165528 5032943 2218449 14437906 120944246 113334275 5649860 14225953 2109687 6698271 124402130 102675632 2727849 14295552 2017780 4346978 113334275 102249008 10324054 -7096740 2800690 102675632 88097451 1644370 1632346 3818159 87556008 0.20517 0.69439 0.10045 false false 13771129 13771129 162701272 60244448 102456824 38306429 33086505 5219924 1626303 0 1626303 123074180 19162518 F CASH EQUIVALENTS- ST INVSTMNTS 576973 F US PRIVATE EQUITY - MUT FUNDS 11266808 F FOREIGN PRIVATE EQUITY 24375068 F ABSOLUTE RETURN FUNDS 27566294 F SMALL CAP EQUITY 2049351 F VENTURE CAPITAL 13902949 F OTHER 4001780 F 102901741 0 ANNUITIES PAYABLE 986557 POSTRETIREMENT BENEFITS 19836104 FEDERAL STUDENT LOAN FUNDS 3129054 ASSET RETIREMENT OBLIGATION 3658813 27610528 X 153560840 -8693216 -1249618 -9942834 163503674 -428746 -428746 163074928 149624281 428746 428746 149195535 149195535 SCHEDULE D, PART III, LINE 4 DESCRIPTION OF ART COLLECTION Siena's Fine Art Collections encompass a broad range of periods and styles, with fine paintings, works on paper, sculpture, and artifacts. Original works from historic and contemporary artists are displayed throughout the campus. Among these are several pieces of the Hudson River School, quality 19th century copies of Renaissance religious paintings, and a diverse body of work recently acquired from local contemporary artists. SCHEDULE D, PART V, LINE 4 DESCRIPTION OF ENDOWMENT FUNDS Endowed funds are intended primarily to provide for scholarships for student study. Other endowed funds are maintained for support in academic programs, buildings, and athletics. SCHEDULE D, PART X, LINE 2 THE COLLEGE HAS BEEN GRANTED TAX-EXEMPT STATUS AS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(A) OF THE CODE AND APPLICABLE STATE LAWS. THE COLLEGE BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. SCHEDULE D, PART XI, LINE 2D ACTUARIAL ADJUSTMENT & POST RETIREMENT BENEFIT CHANGES $-1,174,291 PROVISION FOR UNCOLLECTABLE PLEDGES $-75,327 Total: $-1,249,618 SCHEDULE D, PART XI, LINE 4B Rental Expense $-212,318 FUNDRAISING EXPENSE $-150,426 COST OF GOODS SOLD $-66,002 Total: $-428,746 SCHEDULE D, PART XII, LINE 2D Rental Expense $212,318 FUNDRAISING EXPENSE $150,426 COST OF GOODS SOLD $66,002 Total: $428,746 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 SIENA COLLEGE IS COMMITTED TO MAINTAINING A COMMUNTIY ENVIRONMENT THAT FOSTERS RESPECCT FOR THE DIGNITY AND WORTH OF EACH INDIVIDUAL. SIENA COLLEGE EXPECTS ALL MEMBERS OF THE COMMUNTIY TO DEMONSTRATE RESPECT FOR THEMSELVES AND OTHERS. IN A COLLEGE COMMUNITY, IT IS CRITICAL THAT RESPECT ENCOMPASS DIVERSITY, DIFFERENCES OF OPINION, AND SENSITIVITY TO THESE DIFFERENCES. THE DIGNITY OF THE INDIVIDUAL SHOULD NEVER BE VIOLATED IN ANY WAY, AND THE COLLEGE COMMUNITY VIEWS WITH SERIOUSNESS OFFENSES AGAINST ANY PERSON. PARTICULARLY INTOLERABLE, IN VIEW OF THE COLLEGE'S COMMITMENT TO RESPECT THE DIGNITY OF THE INDIVIDUAL, ARE ACTS OF DISCRIMINATION AND DISCRIMINATORY-BASED HARASSMENT, WHICH ARE OFFENSES DIRECTED AGAINST PERSONS BECAUSE OF THEIR RACE, RELIGION, ETHNICITY, NATIONAL ORIGIN, GENDER, AGE, SEXUAL ORIENTATION, GENDER IDENTITY, MARITAL STATUS, VETERAN STATUS, DISABILITY, PREDISPOSING GENETIC CHARACTERISTICS, DOMESTIC VIOLENCE VICTIM STATUS OR OTHER BASIS IDENTIFIED IN FEDERAL OR STATE LAW. DISCRIMINATION AND DISCRIMINATORY-BASED HARASSMENT ARE UNETHICAL AND UNPROFESSIONAL, AND THEY ARE INCOMPATIBLE WITH SIENA'S COMMITMENT TO DIVERSITY, EDUCATIONAL EQUITY, AND THE FRANCISCAN TRADITION. ANY FORM OF SUCH BEHAVIOR TOWARD ANY MEMBER OF THE SIENA COMMUNITY (STUDENTS, STAFF, FACULTY, OR ADMINISTRATORS) WILL BE SUBJECT TO STRONG DISCIPLINARY ACTION. THE COLLEGE WILL ALSO ADDRESS TO THE EXTENT PRACTICABLE ANY REPORTED BEHAVIOR IN VIOLATION OF THIS POLICY THAT IS DIRECTED TOWARDS ANY MEMBER OF THE SIENA COMMUNITY BY NON-MEMBERS, INCLUDING CONTRACTORS, ALUMNI, VISITORS, AND ANY OTHERS IDENTIFIED AS NON-EMPLOYEES OR NON-STUDENTS OF THE COLLEGE. THE COLLEGE PUBLICIZES ITS RACIALLY NON-DISCRIMINATORY POLICY ON ITS WEBSITE. SCHEDULE E, PART I, LINE 6A THE COLLEGE RECEIVES GRANTS FROM VARIOUS FEDERAL AND STATE AGENCIES. true South America PROGRAM SERVICES SERVICE TRIP 5500 Central America and the Caribbean PROGRAM SERVICES SERVICE TRIP 21619 Central America and the Caribbean INVESTMENTS 21145897 Europe (Including Iceland and Greenland) PROGRAM SERVICES SCHOLARSHIPS 698117 North America PROGRAM SERVICES SCHOLARSHIPS 170615 South America PROGRAM SERVICES SCHOLARSHIPS 259213 Middle East and North Africa PROGRAM SERVICES SCHOLARSHIPS 8000 East Asia and the Pacific PROGRAM SERVICES SCHOLARSHIPS 86039 Sub-Saharan Africa PROGRAM SERVICES SCHOLARSHIPS 139612 Europe (Including Iceland and Greenland) Program Services STUDY ABROAD PROGRAM 495228 East Asia and the Pacific Program Services STUDY ABROAD PROGRAM 48875 23078715 23078715 GRANTS FOR EDUCATION Europe (Including Iceland and Greenland) 28 698117 OTHER GRANTS FOR EDUCATION North America 5 170615 OTHER GRANTS FOR EDUCATION South America 22 259213 OTHER GRANTS FOR EDUCATION Middle East and North Africa 1 8000 OTHER GRANTS FOR EDUCATION East Asia and the Pacific 8 86039 OTHER GRANTS FOR EDUCATION Sub-Saharan Africa 4 139612 OTHER true false false true true true Schedule F, Part I, line 2 The college provides payment of the grants to the student as a credit to the students' receivable account; the grants are not directly paid to the students. For the grant to be available to the student, the college monitors the students enrollment, based on the foreign schools records, and the student must be enrolled and active for the time period the grant is offered. If the student leaves the program early, the grant is not refunded to the student and the student's account is ratably adjusted to reflect the incomplete period. GOLF TOURNAMENT 80831 53831 27000 4008 20089 1354 FESTA VINO 60865 30415 30450 2760 9408 6 153849 82213 71636 2074 69441 24190 17102 295545 166459 129086 6082 89530 26950 27864 150426 -21340 true SCHOLARSHIPS 2914 50267153 Schedule I, Part I, line 2 The college provides payment of the grants to the student as a credit to the students' receivable account; the grants are not directly paid to the students. For the grant to be available to the student, the college monitors the students enrollment and the student must be enrolled and active for the time period the grant is offered. If the student leaves the program early, the grant is not refunded to the student and the student's account is ratably adjusted to reflect the incomplete period. X X true true X false false false false false false false false false LINDA RICHARDSON VICE PRESIDENT 207969 0 0 0 2454 0 20194 0 7930 0 238547 0 0 0 PAUL STEC VICE PRESIDENT 207857 0 0 0 841 0 20432 0 43243 0 272373 0 0 0 DAVID SMITH VP DEVELOPMENT & EXTERNAL 187576 0 0 0 8773 0 18504 0 67619 0 282472 0 0 0 MARYELLEN GILROY VICE PRESIDENT 154774 0 0 0 552 0 15031 0 7345 0 177702 0 0 0 EDWARD JONES VP ENROLLMENT MANAGEMENT 148196 0 0 0 287 0 14723 0 20248 0 183454 0 0 0 ALLAN WEATHERWAX DEAN SCIENCE 155026 0 0 0 202 0 15475 0 21248 0 191951 0 0 0 JOHN D'ARGENIO VP & ATHLETIC DIRECTOR 135898 0 0 0 246 0 13272 0 9253 0 158669 0 0 0 CHARLES SEIFERT DEAN BUSINESS 168213 0 0 0 663 0 16277 0 27960 0 213113 0 0 0 FREDERICK DECASPERIS INTERIM DEAN, BUSINESS 134948 0 0 0 247 0 14058 0 19471 0 168724 0 0 0 JANET SHIDLER DEAN ARTS 113375 0 0 0 14120 0 13093 0 17644 0 158232 0 0 0 JAMES PATSOS HEAD COACH BASKETBALL 357762 0 45000 0 9450 0 7865 0 14897 0 434974 0 0 0 MARK BERMAN CIO 150995 0 0 0 840 0 15132 0 20559 0 187526 0 0 0 ALOYSIA JACQUES HEAD COACH BASKETBALL 133150 0 0 0 9076 0 3628 0 7399 0 153253 0 0 0 JAMES NOLAN PROFESSOR 141410 0 0 0 689 0 13678 0 17297 0 173074 0 0 0 JAMES HARRISON PROFESSOR 124212 0 0 0 15091 0 11139 0 69470 0 219912 0 0 0 SCHEDULE J, PART I, LINE 1A CERTAIN OFFICERS MAY UTILIZE FIRST CLASS TRAVEL WHEN COACH ACCOMODATIONS ARE UNAVAILABLE OR IN THE CASE OF EXTENUATING CIRCUMSTANCES SUCH AS DEMANDING FLIGHT SCHEDULES, EXTENDED FLIGHT TIMES OR BY GIVING PRIOR WRITTEN AUTHORIZATION FOR FIRST CLASS OR BUSINESS TRAVEL. THE TRAVELER PROVIDED THE COLLEGE WITH APPROPRIATE SUBSTANTIATION FOR THE EXPENSE INCURRED. COUNTRY CLUB DUES WERE PROVIDED TO THE FORMER PRESIDENT, FR. KEVIN MULLEN, THE DEAN OF BUSINESS, AND THE VP OF DEVELOPMENT AND EXTERNAL AFFAIRS TO INCREASE THE COLLEGE'S PRESENCE IN THE COMMUNITY AND AMONG BUSINESS LEADERS. ANY PERSONAL USE OF THE COUNTRY CLUB DUES ARE INCLUDED IN THE LISTED PERSONS FORM W-2. SCHEDULE J, PART I, LINE 3 THE COLLEGE PRESIDENT (A FRANCISCAN FRIAR), IN ACCORDANCE WITH THE HOLY NAME PROVINCE ORDER OF FRIARS MINOR (OFM), TAKES A VOW OF POVERTY AND DOES NOT DIRECTLY RECEIVE A SALARY. PAYMENTS TO THE ORDER ARE MADE IN LIEU OF THE PRESIDENT'S SALARY, WHICH IS DETERMINED BY THE TRUSTEES. TRUSTEES ESTABLISH THE IN LIEU OF PAYMENT THROUGH THE USE OF COMPARABLE SALARY DATA FOR SIMILARLY-SITUATED COLLEGES. A DORMITORY AUTHORITY STATE OF NY 146000293 64983QD48 2006-05-04 27942152 REFIN 1997 BOND & RENOVATION false false false B DORMITORY AUTHORITY STATE OF NY 146000293 649905VX1 2009-12-11 20660808 CONSTRUCTION OF RESIDENCE HALL false false false A 6325000 0 27942152 0 0 0 667065 364000 4936393 21974694 0 0 2006 true false true true B 1600000 0 20660808 0 0 0 665808 0 0 19995000 0 0 2010 false false true true A false false true true false 0.00000 0.00000 0.00000 false false 0.00000 false false B false false true true false 0.00000 0.00000 0.00000 false false 0.00000 false false A false false false true false false 0 false 0 false false B false false false true false false 0 false 0 false false A false B false SCHEDULE K, PART IV, LINE 2C REBATE CALCULATIONS ARE PERFORMED AT THE END OF THE PROJECT FOR WHICH THE DEBT WAS ISSUED. EVALUATIONS REGARDING ARITRAGE/REBATE WERE PERFORMED IN 2004, 2006, & 2010 FOR THE IDA LOAN, DASNY SERIES 2006, AND DASNY SERIES 2009, RESPECTIVELY. SCHEDULE K, PART III, LINE 9, PART IV, LINE 7, AND PART V THE COLLEGE IS WORKING WITH BOND COUNSEL TO ESTABLISH WRITTEN PROCEDURES TO INSURE ADHERANCE TO ALL FEDERAL REQUIREMENTS AND DISCLOSURES REGARDING ALL BOND ISSUES. FAMILY MEMBER OF TRUSTEE 20000 SCHOLARSHIP FAMILY MEMBER OF TRUSTEE 14000 SCHOLARSHIP FAMILY MEMBER OF TRUSTEE 1000 SCHOLARSHIP X 61 1757986 AVERAGE PRICE X SOFTWARE 1 27099 FMV X ITEMS FOR SARAZEN SCHOLARSHIP GOLF TOURNAMENT 26 10243 FMV X ITEMS FOR EDWIN SELLS GOLF EVENT 22 4188 FMV X ITEMS FOR FESTA VINO WINE TASTING EVENT 1 354 FMV false true true SCHEDULE M, PART I, LINE 32A Securities received as contributions are liquidated through a broker upon receipt. SCHEDULE M, PART I, LINE 32B THE NUMBER OF CONTRIBUTORS IS REPORTED IN PART I, COLUMN (B). FORM 990, PART I, LINE 1 AND PART III, LINE 1 SIENA COLLEGE IS A LEARNING COMMUNITY ADVANCING THE IDEALS OF A LIBERAL ARTS EDUCATION, ROOTED IN ITS IDENTITY AS A FRANCISCAN AND CATHOLIC INSTITUTION. AS A LEARNING COMMUNITY, SIENA IS COMMITTED TO A STUDENT-CENTERED EDUCATION EMPHASIZING DYNAMIC FACULTY-STUDENT INTERACTION. THROUGH A BLENDING OF LIBERAL ARTS AND PROFESSIONAL EDUCATION, SIENA COLLEGE PROVIDES EXPERIENCES AND COURSES OF STUDY INSTILLING THE VALUES AND KNOWLEDGE TO LEAD A COMPASSIONATE, REFLECTIVE, AND PRODUCTIVE LIFE OF SERVICE AND LEADERSHIP. AS A LIBERAL ARTS COLLEGE, SIENA FOSTERS THE RIGOROUS INTELLECTUAL DEVELOPMENT OF ITS STUDENTS THROUGH A HEALTHY EXCHANGE OF IDEAS BOTH INSIDE AND OUTSIDE THE CLASSROOM. IT PROVIDES OPPORTUNITIES TO DEVELOP CRITICAL AND CREATIVE THINKING, TO MAKE REASONED AND INFORMED JUDGMENTS, TO APPRECIATE CULTURAL DIVERSITY, TO DEEPEN AESTHETIC SENSIBILITY AND TO ENHANCE WRITTEN AND ORAL COMMUNICATION SKILLS. IT DEVELOPS IN EACH INDIVIDUAL AN APPRECIATION FOR THE RICHNESS OF EXPLORING KNOWLEDGE FROM A VARIETY OF PERSPECTIVES AND DISCIPLINES. AS A FRANCISCAN COMMUNITY, SIENA STRIVES TO EMBODY THE VISION AND VALUES OF ST. FRANCIS OF ASSISI: FAITH IN A PERSONAL AND PROVIDENT GOD, REVERENCE FOR ALL CREATION, AFFIRMATION OF THE UNIQUE WORTH OF EACH PERSON, DELIGHT IN DIVERSITY, APPRECIATION FOR BEAUTY, SERVICE WITH THE POOR AND MARGINALIZED, A COMMUNITY WHERE MEMBERS WORK TOGETHER IN FRIENDSHIP AND RESPECT, AND COMMITMENT TO BUILDING A WORLD THAT IS MORE JUST, PEACEABLE, AND HUMANE. AS A CATHOLIC COLLEGE, SIENA SEEKS TO ADVANCE NOT ONLY THE INTELLECTUAL GROWTH OF ITS STUDENTS, BUT THEIR SPIRITUAL, RELIGIOUS AND ETHICAL FORMATION AS WELL. TO THIS END, SIENA IS COMPOSED OF AND IN DIALOGUE WITH PEOPLE FROM DIFFERENT RELIGIONS AND CULTURAL TRADITIONS, FOSTERS A CRITICAL APPRECIATION OF THE CATHOLIC INTELLECTUAL HERITAGE IN CONVERSATION WITH CONTEMPORARY EXPERIENCE, PROVIDES AMPLE OPPORTUNITIES FOR WORSHIP AND SERVICE, EXPLORES THE MORAL DIMENSIONS OF DECISION-MAKING IN BUSINESS AND THE PROFESSIONS, AND AFFIRMS THE DIGNITY OF THE INDIVIDUAL WHILE PURSUING THE COMMON GOOD. FORM 990, PART III - PROGRAM SERVICE, LINE 4A SIENA COLLEGE IS A COEDUCATIONAL, INDEPENDENT, LIBERAL ARTS COLLEGE WITH A FRANCISCAN AND CATHOLIC TRADITION. FOUNDED IN 1937 BY SEVEN FRANCISCAN FRIARS, IT IS LOCATED IN LOUDONVILLE, NEW YORK, A SUBURBAN COMMUNITY JUST OUTSIDE THE STATE'S CAPITAL. SIENA IS REGISTERED BY THE BOARD OF REGENTS OF THE UNIVERSITY OF THE STATE OF NEW YORK. ALL PROGRAMS ARE ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION, AND THE SCHOOL OF BUSINESS IS ACCREDITED BY THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS. IN ADDITION, THE CHEMISTRY PROGRAM IS CERTIFIED BY THE AMERICAN CHEMICAL SOCIETY, THE SOCIAL WORK PROGRAM IS CERTIFIED BY THE COUNCIL ON SOCIAL WORK EDUCATION, AND THE EDUCATION PROGRAMS ARE ACCREDITED BY THE NATIONAL COUNCIL FOR THE ACCREDITATION OF TEACHER EDUCATION. SIENA'S 3050 UNDERGRADUATES ENROLL IN ONE OF THREE SCHOOLS - LIBERAL ARTS, SCIENCE, AND BUSINESS - AND MAY CHOOSE TO PURSUE STUDY FROM A TOTAL OF 24 DEPARTMENTS WITH 28 MAJORS, 56 MINORS AND CERTIFICATE PROGRAMS, AND PROFESSIONAL CURRICULA IN SECONDARY EDUCATION, PRE-LAW, AND SOCIAL WORK. 43 GRADUATES HAVE ENROLLED IN THE MASTERS IN ACCOUNTING PROGRAM. ON AVERAGE, 145 STUDENTS STUDY ABROAD IN A GIVEN YEAR. NINETY-FIVE PERCENT OF SIENA STUDENTS ENTER GRADUATE SCHOOL OR FIND EMPLOYMENT IMMEDIATELY FOLLOWING GRADUATION. ADMISSION TO THE COLLEGE IS COMPETITIVE. OF THE 709 INCOMING MEMBERS OF THE CLASS OF 2018, 23.2 PERCENT GRADUATED IN THE TOP TEN PERCENT OF THEIR HIGH SCHOOL CLASS AND THEIR AVERAGE SAT SCORE WAS 1124. FORM 990, PART VI, SECTION B, LINE 11A MANAGEMENT WORKS TOGETHER WITH ITS TAX PROFESSIONALS TO GATHER THE REQUIRED INFORMATION NECESSARY TO PREPARE A DRAFT OF THE FORM 990. ONCE A DRAFT IS COMPLETED, IT IS THEN REVIEWED WITH THE AUDIT COMMITTEE AND THE TAX PROFESSIONALS. ONCE THE REVIEW IS COMPLETED AND EDITS ARE MADE, A COMPLETE COPY OF THE COLLEGE'S FINAL FORM 990 (INCLUDING ALL REQUIRED SCHEDULES), AS ULTIMATELY FILED WITH THE IRS, IS DISTRIBUTED TO THE FULL BOARD BEFORE ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, TRUSTEES, AND KEY EMPLOYEES ASSUME RESPONSIBILITY FOR CONSIDERING POSSIBLE CONFLICTS OF INTEREST THAT ARISE DURING SERVICE WITH THE COLLEGE TO HELP TRUSTEES IDENTIFY POSSIBLE CONFLICTS OF INTEREST, THE COLLEGE HAS DEVELOPED A DISCLOSURE FORM THAT ALL TRUSTEES MUST COMPLETE AND UPDATE AT LEAST ANNUALLY. DURING THE COURSE OF THEIR SERVICE, OFFICERS, TRUSTEES, AND KEY EMPLOYEES, IF APPLICABLE, MUST ALSO DISCLOSE ANY CONFLICT OF INTEREST AS SOON AS THEY BECOME AWARE OF THE CONFLICT. THE GENERAL COUNSEL REVIEWS THE DISCLOSURES AND WILL DISCLOSE ANY REPORTED CONFLICTS OF INTEREST TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE AUDIT COMMITTEE MAY CONSIDER WHETHER ADVICE FROM COUNSEL OR OTHER INDEPENDENT ADVISORS IS NECESSARY IN PARTICULAR INSTANCES WHERE A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15A THE COLLEGE PRESIDENT (A FRANCISCAN FRIAR), IN ACCORDANCE WITH THE HOLY NAME PROVINCE ORDER OF FRIARS MINOR (OFM), TAKES A VOW OF POVERTY AND DOES NOT DIRECTLY RECEIVE A SALARY. PAYMENTS TO THE ORDER ARE MADE IN LIEU OF THE PRESIDENT'S SALARY. THE BOARD OF TRUSTEES PERFORMS A REVIEW AND APPROVES AT REGULAR INTERVALS THE PERFORMANCE AND COMPENSATION OF THE PRESIDENT. THE BOARD UTILIZES INDEPENDENT EXTERNAL STANDARDS SUCH AS THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION, LOCAL MARKET DATA AND INTERNAL EQUITY, FOR THE REVIEW OF THE PRESIDENT'S COMPENSATION AGREEMENT AND THE GATHERING OF COMPARABILITY DATA IN DETERMINING THE REASONABLENESS OF COMPENSATION AND COMPLIANCE WITH THE PROCEDURES DESCRIBED IN TREASURY REGULATION SECTION 53.4958-6. FORM 990, PART VI, SECTION B, LINE 15B THE BOARD OF TRUSTEES AND THE PRESIDENT PERFORM A REVIEW AND APPROVAL AT REGULAR INTERVALS OF THE PERFORMANCE AND COMPENSATION OF THE OFFICERS, AND WHERE APPROPRIATE, OTHER SENIOR MANAGEMENT OF THE COLLEGE. THE BOARD AND PRESIDENT UTILIZE INDEPENDENT EXTERNAL STANDARDS SUCH AS THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION, LOCAL MARKET DATA AND INTERNAL EQUITY, FOR THE REVIEW OF COMPENSATION AGREEMENTS AND THE GATHERING OF COMPARABILITY DATA IN DETERMINING THE REASONABLENESS OF COMPENSATION AND COMPLIANCE WITH THE PROCEDURES DESCRIBED IN TREASURY REGULATION SECTION 53.4958-6. FORM 990, PART VI, SECTION C, LINE 18 THE COLLEGE FOLLOWS THE IRS' GUIDELINES FOR PUBLIC DISCLOSURE. A COPY OF THE FORM 990 AND FORM 990-T IS MADE AVAILABLE TO THE PUBLIC BY REQUEST THROUGH THE FINANCE AND ADMINISTRATION OFFICE. THE FORM 990 IS ALSO AVAILABLE ON THE GUIDESTAR WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 ACTUARIAL ADJUSTMENT & POST RETIREMENT BENEFIT CHANGES $-1,174,291 PROVISSION FOR UNCOLLECTABLE PLEDGES $-75,327 TOTAL: $-1,249,618 SPRING PROPERTIES INC 515 LOUDON ROAD LOUDONVILLE NY 12211 141706494 RENTAL NY SIENA COLLEGE C Corp 24852 288214 1.00000 true CHARITABLE REMAINDER UNITRUST (3) INVESTING N/A true CHARITABLE REMAINDER TRUST (4) INVESTING NY N/A true false false false true true false false false false false false false false false false false true true SPRING PROPERTIES INC (DUE TO SIENA) d 111732 SPRING PROPERTIES INC (DUE FROM SIENA) e 264181 Form Sch R Part IV THE CHARITABLE REMAINDER UNITRUSTS LISTED ON LINE 3 OF PART IV HAVE THE FOLLOWING LEGAL DOMICILES: 1 - IL 2 - FL 3 - NY